Australian drought pushing up NZ poultry costs

by 5m Editor
1 November 2006, at 6:29pm

NEW ZEALAND - New Zealanders are about to feel the impact of Australia's big drought as grain prices across the Tasman soar by as much as 80 per cent.

"The drought in Australia will also impact on the New Zealand chicken meat industry in a major way," said Michael Brooks, executive director of the Poultry Industry Association.

"New Zealand imports Australian wheat and other grains and with the unprecedented rise in the cost of grain, chicken producers are experiencing a substantial increase in production costs," Mr Brooks said.

Source: NZPA

5m Editor